Put companies on watchlist
Zalando SE
ISIN: DE000ZAL1111
WKN: ZAL111
About
Company Snapshot
New: Enable Investor Alerts
Be informed about new publications
New: AI Factsheet

Corporate News meets AI! 
Content analysis and summary

EN GIF 300X250

Zalando SE · ISIN: DE000ZAL1111 · EQS - Company News (49 News)
Country: Germany · Primary market: Germany · EQS NID: 1231238
03 September 2021 10:08PM

Zalando to join DAX


DGAP-News: Zalando SE / Key word(s): Miscellaneous
Zalando to join DAX

03.09.2021 / 22:08
The issuer is solely responsible for the content of this announcement.


Zalando to join DAX

BERLIN, SEPTEMBER 3, 2021 // Zalando SE will join the DAX (Deutsche Aktienindex) effective September 20, 2021. This decision was announced tonight by Qontigo's global index provider STOXX Ltd. The DAX is the leading German stock market index and covers the largest listed companies in Germany. Zalando will join Germany's benchmark blue chip index 13 years after foundation, having been included in the MDAX since 2015.

Zalando co-founder and co-CEO Robert Gentz says: "We are proud to see what the Zalando team has built over the past decade. Growing a startup selling flip flops out of a basement into a pan-European platform that serves about 45 million customers. Yet the larger opportunity still lies ahead of us."

"Our success is deeply rooted in our Zalando culture that is based on trust, transparency and entrepreneurship," says co-founder and co-CEO David Schneider. "A strong customer focus and close partnerships are key ingredients for our success. We continuously test and scale fresh ideas to unlock the collective potential of the fashion industry."

Founded in 2008 in Berlin, Zalando has consistently delivered strong and profitable growth at scale since IPO and quadrupled its business from 2014 to 2020. Today, Zalando is a leading fashion retailer and services platform, connecting about 45 million active customers to more than 4,500 brands and partners. Zalando applies a platform strategy to achieve growth and to drive forward digitization in the industry. Its focus on the fashion and lifestyle industry enables unique experiences for customers and specific service solutions for brand partners.

Zalando will maintain its focus on growth, aiming to grow Gross Merchandise Volume (GMV) to more than EUR 30 billion by 2025. The company further aspires to serve more than 10% of the total EUR 450 billion European fashion market in the long-term. To this end, Zalando will continue to invest into customer experience, platform services and infrastructure.

(End)

ABOUT ZALANDO
Zalando (https://corporate.zalando.com) is Europe's leading online platform for fashion and lifestyle. Founded in Berlin in 2008, we bring head-to-toe fashion to around 45 million active customers in 23 markets, offering clothing, footwear, accessories, and beauty. The assortment of international brands ranges from world famous names to local labels. Our platform is a one-stop fashion destination for inspiration, innovation, and interaction. As Europe's most fashionable tech company, we work hard to find digital solutions for every aspect of the fashion journey: for our customers, partners and every valuable player in the Zalando story. Our vision is to be the Starting Point for Fashion and a sustainable platform with a net-positive impact for people and the planet.

MEDIA INQUIRIES
Alexander Styles
Business & Financial Communications
alexander.styles@zalando.de
+49 (0)152 22715810

INVESTOR/ANALYST INQUIRIES
Patrick Kofler
Investor Relations
patrick.kofler@zalando.de
+49 (0)30 20968 1584



03.09.2021 Dissemination of a Corporate News, transmitted by DGAP - a service of EQS Group AG.
The issuer is solely responsible for the content of this announcement.

The DGAP Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases.
Archive at www.dgap.de


Language: English
Company: Zalando SE
Valeska-Gert-Straße 5
10243 Berlin
Germany
E-mail: investor.relations@zalando.de
Internet: https://corporate.zalando.de
ISIN: DE000ZAL1111
WKN: ZAL111
Indices: MDAX
Listed: Regulated Market in Frankfurt (Prime Standard); Regulated Unofficial Market in Berlin, Dusseldorf, Hamburg, Hanover, Munich, Stuttgart, Tradegate Exchange
EQS News ID: 1231238

 
End of News DGAP News Service

1231238  03.09.2021 

fncls.ssp?fn=show_t_gif&application_id=1231238&application_name=news&site_id=boersengefluester_html
Visual performance / price development - Zalando SE
Smart analysis and research tools can be found here.

This publication was provided by our content partner EQS3.

EQS Newswire
via EQS - Newsfeed
EQS Group AG ©2024
(DGAP)
Contact:
Karlstraße 47 D-80333 München
+49 (0) 89 444 430-000

 

SMART * AD
EN GIF 970X250

P R O D U C T   S U G G E S T I O N S

The information presented here has been provided by our content partner EQS-Group. The originator of the news is the respective issuer, the company relating to the news, a publication service provider (press or information agency) which uses the distribution service of EQS to transmit company news to shareholders, investors, investors or interested parties. The original publications and other company-relevant information can be found at eqs-news.com.


The information you can access does not constitute investment advice. The presentation of our cooperation partners, where the implementation of investment decisions would be possible depending on the individual risk profile, is solely at the discretion of the person using the service. We only present companies of which we are convinced that the range of services and customer service will satisfy discerning investors.

If you are considering leverage products, familiarise yourself with the typical characteristics of the financial instruments beforehand. Take the time to determine the risk content of the planned investment before making an investment decision. Bear in mind that a total loss cannot be ruled out with leverage products.

For newcomers to the subject, we offer various options in both the training and the tools section, through which you can train theoretical knowledge and practical experience and thus improve your skills. The offer ranges from participation in webinars to personal mentoring. The range is continuously being expanded.


1 Lab features are usually functionalities that emerge from the think tank of the investor community. In the early stages, these are experimental functionalities whose development process is largely determined by use and the resulting feedback from the community. When integrating external services or functionalities, the functionality can only be guaranteed to the extent that the individual process elements, such as interfaces, interact with each other.